Finindus

Finindus is a venture capital firm based in Zwijnaarde, Belgium, established in 1926 and funded by ArcelorMittal and the Flemish Region. The firm specializes in providing early-stage and growth financing, both in equity and debt, to innovative companies within the metal value chain. Finindus focuses on sectors such as new alloys, surface functionalization, composite materials, and sustainable manufacturing technologies, including energy-efficient practices and waste valorization. Investment amounts typically range from 0.5 to 5 million euros per round, with a maximum of 10 million euros per company. While primarily targeting opportunities in Europe, particularly in Flanders, Finindus is open to exploring ventures in other regions that align with its core interests. The firm actively supports its portfolio companies by leveraging its extensive network and providing access to the resources and expertise of the OCAS metal research center.

Roel Callebaut

Investment Manager

Ruben Decoster

Investment Associate

Hans Maenhout

Investment Director

14 past transactions

Tau Group

Series B in 2023
TAU brings unparalleled performance, sustainability and reliability to the core of each electric motor. Focused on applications for e-mobility, automotive, energy and agriculture, TAU makes coatings more durable, resistant and light, optimizes underlying production processes for environmental friendliness, pairs artificial intelligence with peace-of-mind operating simplicity and incubates technologies in electrification and smart sensors.

JUUNOO

Seed Round in 2022
JUUNOO specializes in an innovative interior wall system designed to enhance productivity in office environments while addressing ecological concerns. The system features a patented structure that supports the principles of circular economy, allowing for modular and adaptable installations that can be completed significantly faster than traditional methods. JUUNOO's walls can incorporate various elements such as glass panels and doors, making them versatile for different design needs. The company's approach emphasizes smooth installation, adaptability to various finishes, strong performance in acoustics and stability, and a commitment to sustainability through reusable components. By offering high-performance wall systems with low labor costs and the ability to be dismantled and reconfigured, JUUNOO provides property owners with a cost-effective and environmentally friendly solution for modern office spaces.

Ionomr

Series A in 2022
Ionomr Innovations Inc. is a Vancouver-based company specializing in the design, adaptation, and manufacture of advanced ion-exchange membranes and polymer technologies. Founded in 2013, Ionomr focuses on creating environmentally friendly materials that replace toxic fluorinated chemicals often used in electrochemical applications. Its flagship product line, Aemion, is designed for various applications, including water treatment, energy storage, and clean energy generation. The company’s innovative membranes are known for their alkaline stability, strength, and performance, enabling optimal integration into electrochemical systems. By providing solutions that enhance efficiency and reduce environmental impact, Ionomr aims to support the decarbonization of the planet and foster the development of sustainable systems in the renewable energy and circular chemical economies. Additionally, Ionomr offers chemical engineering services to further support its clients in achieving their operational goals.

Sentea

Venture Round in 2021
Sentea BVBA, founded in 2018 and based in Ghent, Belgium, specializes in the manufacturing of fiber optic sensing equipment designed for monitoring the structural health of various infrastructures. The company's technology is particularly applicable in sectors such as wind energy, oil and gas, civil construction, heavy industry, and transportation. Sentea's fiber optic sensor interrogators enable continuous monitoring even in harsh environments, helping to predict and prevent equipment failure and structural damage. By integrating optical components directly onto a chip, Sentea offers these interrogators at a significantly lower cost, allowing clients to enhance the efficiency of their industrial operations.

IMSystems

Series A in 2021
IMSystems introduces the new standard in high-performance gearbox technology: the Archimedes Drive. We have finally been able to get rid of the gear teeth and beat the traction drive paradox. This enables us to deliver precisely the right force at precisely the right place using our patented Flexroller technology. The Archimedes Drive is available in ratios up to 10,000:1 - almost 100 times it's nearest competition. We can deliver high torque in a fraction of the volume of other speed reducer technologies, and do it with precision approaching 1 arc-second. Simply put, our drive technology is lighter, stronger, more efficient, more scalable and lower cost than any competing drive technology. Our goal is nothing less than to cause a revolution in the robotics industry.

Wizata

Funding Round in 2021
Wizata SA, founded in 2014 and based in Capellen, Luxembourg, specializes in developing platform-as-a-service solutions tailored for the manufacturing industry. The company's software focuses on enhancing quality control, maintenance, and overall performance within manufacturing processes. By leveraging artificial intelligence, Wizata provides tools that address critical areas such as production optimization, quality sustainability, and predictive maintenance. The company also caters to various sectors, including insurance, energy, healthcare, and e-commerce, aiming to uncover valuable insights from both internal and external data. Through collaboration with industry experts and data scientists, Wizata offers customized solutions to help clients navigate the complexities of their specific challenges and identify unexploited opportunities.

XenomatiX

Venture Round in 2021
XenomatiX develops automotive Lidar solutions.

Guaranteed

Venture Round in 2019
Guaranteed provides a repair and rebuild service for large industrial components using direct energy deposition technologies. It allows the repairing and rebuilding of large slow movers, reducing the long lead times, eliminating the need for large amounts of new raw materials, and avoiding storage or transportation costs.

Innecs Power Systems

Venture Round in 2018
Innecs Power Systems BV specializes in the manufacturing of energy conversion systems aimed at reducing energy costs and enhancing sustainability. Established in 2004 and located in Ter Aar, the Netherlands, the company provides a range of products including power burners for steam production, steam turbines for large networks and co-siting projects, as well as gas turbines and clean combustion systems. Its offerings cater to various industries such as food, ceramics, chemicals, printing, textiles, utilities, and paper and cardboard. By focusing on efficient energy solutions, Innecs Power Systems contributes to more sustainable practices across multiple sectors.

REIN4CED

Seed Round in 2017
Rein4ced B.V.B.A., founded in 2015 and based in Leuven, Belgium, specializes in the development and manufacture of advanced composite materials designed for various applications, including bicycles, cars, and aircraft. The company focuses on creating a unique steel-fiber composite that offers superior impact resistance compared to traditional carbon composites. This innovative material combines carbon composites with specially developed steel fibers, resulting in lightweight, durable products that maintain high stiffness. Rein4ced's offerings are particularly advantageous for bicycle frames, providing enhanced safety and longevity for cyclists.

Keystone Tower Systems

Venture Round in 2017
Keystone Tower Systems, Inc. manufactures and installs wind turbine steel towers using spiral welding. It performs all the rolling and welding operations. The company was founded in 2010 and is based in Westminster, Colorado.

Expanite

Venture Round in 2014
Expanite has developed a series of unique solutions for surface-hardening of stainless steel. With the opportunity of processing most common stainless steel alloys - either in-house or at Expanite's treatment centre - the company offers significantly improved corrosion, wear, fatigue and scratch resistance

Calyos

Venture Round in 2012
Calyos SA specializes in the development, manufacturing, and commercialization of two-phase thermal management and cooling systems. The company offers its products for high power semiconductors, such as IGBT power modules and electronic components; and electrical engines cooling and energy storage applications. Calyos SA was founded in 2011 and is based in Jumet, Belgium.
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